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In recent decades the economy has experienced dramatic technological improvement in many types of ...

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In recent decades the economy has experienced dramatic technological improvement in many types of ...

In recent decades the economy has experienced dramatic technological improvement in many types of capital equipment. All else remaining equal, this change has the effect of shifting the investment demand curve to the ________ and causing an excess ________ capital, and thus a ________ in the equilibrium interest rate.

▸ right; demand; fall

▸ right; supply of; rise

▸ left; demand for; rise

▸ left; supply of; fall

▸ right; demand for; rise

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Microeconomics

Edition: 17^th

Author: Ragan

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this is exactly what I needed

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